China is Crushing The U.S. in Blockchain Adoption

[mamamu111]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

[binhvo1505]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

I am very encouraged and glad that a power like China is strongly supporting the development of blockchain technology. It is also a very good sign representing the generation of civilization 5.0. But using this blockchain technology is not an easy one either. In some Southeast Asian countries are also trying to apply this blockchain technology but it is quite difficult because the majority are poor people and they have difficulty in applying blockchain technology.

[jsizar]

And China are going to ban crypto. Its much worse for industry

[tsaroz]

US and China both have complicated relation with crypto and both of them are moving forward one way or other. In US a lot of private companies and individuals are involved in wide range of crypto R&D while in China you might need a government approval to freely do something. US hasn't outright banned crypto while China has a blanket ban on crypto trading. So, US is and has a better chance of staying ahead of China in crypto development.

[alan2here]

US and China both have complicated relation with crypto and both of them are moving forward one way or other. In US a lot of private companies and individuals are involved in wide range of crypto R&D while in China you might need a government approval to freely do something. US hasn't outright banned crypto while China has a blanket ban on crypto trading. So, US is and has a better chance of staying ahead of China in crypto development.

I think both countries still discourage people from participating in this market because their governments usually only care about blockchain technology. Over the past few weeks, China has continued to have bad news making the market worse and whales can easily manipulate the value of Bitcoin at any time. In my opinion this is a very bad time and investors should be more careful when trading.

However, the US is the country with the most market participants in the world, so I believe that by the end of this year there will be good news to make this market start to rise again.

[Javi_Anibarro]

And China are going to ban crypto. Its much worse for industry

That is true, they are adopting blockchain in their country and then they will ban crypto completely.
Cryptocurrency will get nothing out of it, there is nothing good comes out from this adoption.

[jazmuzika217]

I did not wonder why it is happenes. All we know that US is more powerful ang big country rather than China but the way how people or netizen how to follow their government leader is the best act that they contribute about country's success. Now that they launched their own coin I will not surprised if they  dominate all things possible here in crypto world.

[Sexaphiliac]

China is a leading authority in almost every field of business, it is only appropriate for them to be leading in terms of blockchain adoption also.  I respect the fact that they were silently developing and obtaining patents in sharp contrast to the United States which has been very strict with cryprocurrency adoption.

[aioc]

What the president of China says it will be done, it will be done and there will be no opposition, that's a big difference to the US government, where there are two opposing parties and a very strict SEC to monitor everything, China can easily advance compare to US where, everything will be debated before they implement, that's the difference between the two government.

[ðºÞæ]

China banning crypto is always a good laugh, lots of mining and patent applications, crushing everyone except UK.

[jrrsparkles]

And China are going to ban crypto. Its much worse for industry

Whenever China bans cryptos the price of bitcoin will boom.

China is always planning to launch their backed digital currency and also they concentrate more on implementing the blockchain technology into food industry after Xingping's statement of seize the opportunity.They tells crypto currencies will be hard to trace so it will be uncontrolled if it was adopted by their nation so they banned initial coin offering investments since 2017 and start banning the crypto exchange platforms to stop any trading activities.And more their consider crypto as bubble.

As investors and technologists worry that the U.S. is falling behind in the race for dominance in blockchain, Beijing is trying to get ahead.

A state-issued digital currency would help the Chinese government fight issues like counterfeiting and product safety, but it also raises privacy concerns.

But as cash floods into the latest crypto boom, worries about fast-rising valuations and potential fraud also crop up.

[Nadziratel]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

If anyone understands what the Chinese government wants to do, please let someone explain in detail. Every day we have different news.

[leea-1334]

Sorry to say but it is true. Not just blockchain but mobile apps and even fintech payments, china has beaten the rest of the world.

Anyone wants to know what it is like out there,,, just visit a small city there, not to say even Beijing just visit a small 1 million people city and you will see payments with cheap phones everywhere. People are not stuck on credit cards like the rest of the world and Chinese will be using blockchain and crypto one day without them even realizing.

[msarro]

I think it will be too early to say who is winner in blockchain adaption. But right now USA is winning in crypto adoption as many exchanges are working in USA from which USA govt is also benefitting.
China on the hand has made a smart move by banning crypto exchanges and ICOs to stop flow of cash from there country and this is something not seen for the first time.

[samuraijin]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

yes but unfortunately China bans other crypto, everyone doesn't like it, they only use blockchain technology and make crypto for themselves not for bitcoin and other crypto currencies, it's like a nightmare nobody is interesting even though china is far away superior to the United States

And China are going to ban crypto. Its much worse for industry

yes as we know since the news yesterday, I also do not support about this that blockchain and bitcoin should not be separated

[target]

And China are going to ban crypto. Its much worse for industry

That is true, they are adopting blockchain in their country and then they will ban crypto completely.
Cryptocurrency will get nothing out of it, there is nothing good comes out from this adoption.

They are going to be using blockchain everywhere in China but will still ban crypto, its not too difficult to see why since this government are so fond of control but I think they will soon be allowing crypto in out special place which is probably Hongkong. They always leave a breeding ground for this technology to prosper.

[naikturun]

In the crypto market the capitalization is indeed controlled by Asia and the largest may be held by China, so it is natural that the U.S. loses its development or adoption, I think 2 of these countries are also in a trade war.
It seems that they are racing to seize consumers to import their goods in large quantities.

[princecharles]

China has indeed been on the fast lane in ensuring that they overtake the world in virtually every sector in the world. I was amazed reading the article and seeing the futuristic plans made by the Chinese government in ensuring that the country leverages on blockchain technology. I must confess that I perceive the country taking the world by surprise as we would soon start seeing their results.

[AbuBhakar]

As I don't really read news about China relating to blockchain as we all know all they wanted is a centralised coin that differs in idea of cryptocurrency. Only blockchain system is they all wanted as it offers good services but their move will not really influence the market price and Americas progress as some countries in US were still free to use crypto.

[amazigh15]

it is very good that powerful countries integrating the Blockchain, in Europe I think there is Portugal that goes up small to small